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Tax Incentives Aid Vet Hiring, Study Finds

Washington Post (04/14/12) Steve Vogel

A new study from the RAND Corp. concludes that federal tax credit
programs encouraging employers to hire disabled veterans are
proving effective. In 2007, Congress added incentives to the Work
Opportunity Tax Credit program, offering employers who hired
disabled veterans who were recently discharged or unemployed for
more than six months up to $4,800 per hire. The new study finds
that the tax credit increased employment among disabled veterans
by two percentage points in 2007 and 2008, or approximately
32,000 jobs each year. “These findings suggest that tax
credits may be an effective means to reduce unemployment among
disabled veterans,” says the study’s author, Paul
Heaton.